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<br /> ,. �, ; ` - � fd! a writ of e don or attachrnent of arry simitar process � be entered against Tnutor which� --•• . � ; . l ,�,*:
<br /> � •"< beeome a Cen on the Trust 6.ate ar any pertion thsreof or interest therein and such executlon, attacAment or sicnitar •. ••
<br /> ' � , pracess ot judgment is not releaseC.bonded.satisfied.vacated or y�v�wichin sixty i601 days after its entry or IevY:ar� .,
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<br /> ,, . (e) there has accurred a 6reacN of ar defautt under any tertn,cavenant,agreemen� eondiuort, provi�ton,� �.:,. `` �`�._ � t
<br /> , _, representation ar warranty cornained in any prior deeQ of uust er mortgage affecting the Trust Esbte. , . . ^.
<br /> � �.'.. �°
<br /> � � : ••- 10. Acce%radan upon De�auf�Addrttana/RemsdJe� If an event of default occurs, BeneHciary may declare the� _ _ � ' '
<br /> � -*- tndeCtedness secured hereby to be due and payabte and the same shai! thereupon Oecame due and payabte withouc any� _ _ _
<br /> ... �. :. :
<br /> presentmeni. demand, protest or notice of any kind. Thereafcer. 8eneficiary may: �
<br />_ ' t� either in person ar by agent,with o�witho�t bringing any action or Rroceeding,cr by a receiver appointed� '
<br />� . " by a court and without regard to the adequacy af its security,enter upon artd take possession of the Trust Estate,or any �� `,�,�_;
<br /> - � par[thereof,in its own name or in the rrame af Tnistee.and do any acts which it desms necessary or desirable to preserve - �. �.�'G.-
<br /> � ,� �: � the vatue,marketabiiity or rentability of the Trust f�ate,cr part thereaf or interest therein,inctease the irtcome therefrom �'' � ��' _-
<br /> ' ot protect thg security hercof and,with ar withaut taking possession ot the Tn,st Escacs,sue tor cr atherw;se coitect the -�
<br /> � rents, issues and profts thereof, inciuding those past due and unpaid, and apply the same,less cosis and expertses of �
<br /> • , operation artd coUection includi�g attomeys'tees,upon any indebtedness secured heretry,aA in such crder as Beneficiary ":.---
<br /> - . . may determine. The emering upon aad takin9 Aussessian of the Trust Estate. the coltecucn of such renu, issues and . , . �_-—
<br /> . • proNts artd the apptication thereof as afcresaid shall not cuce or waive any dafauft or notice of defautt hereunder or
<br /> '_ invalidate any act dorte in rnsponse m such default or pursuant to such notice ot default and, notwithstanding the `
<br /> � . . , cocTtinuance in pessession of the Trust Estate or t�e couection,receipt and a00��cadon of rems,issues or profi[s,Tnistee ,���,'V'
<br /> : " ; ar Beneffciary shall 6een enMted to exercise every right pravided for in arry of the Loan tnswmen[s ar by taw upon ,�.
<br /> � . �, occurrence of any event of defauft, including the right to exerase the pawer cf sate; .
<br />�:�.r.:....•- .•
<br /> �.�:�s:.�::.'.. _
<br /> — , ' t�i1 ccmmence ari action to toreciose this Oeed af Trusi as a mortgage, appoint a receiver or specificalty • :
<br /> ,_ . . ' ' enforce any of the covertants hereot; ``' , .�., :Y..—
<br />. ,. ' • . oi) deliver to Trustee a written declarauon of default and demand for sale and a written notice of default and � "`
<br /> • �•._i_
<br /> :, •, . : ..� eteciicn ta cause Tn,scor�s interest in the Trust Estate to be sold,which notice Trustee st+aU cause to be duly fcled tar . ���_�
<br /> _ � � � . record in the appropriate offices of the Counry in which the Trust Estata is located; ar .'�4�' `;�'.�
<br /> `. (ivl exercise suct�other rights or remedies at iaw or in equity. �°_�:a
<br /> • ' �:.:'i�.=�::
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<br /> 1 t. Faieclosure byPOwes olSala. If Beneficiary elects to forectose by�actrcise uf the Pawer ot Sale herein contairted� "'f"" �' S':
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<br /> � Bene�ciary shali rtotify Trusiee artd shait deposit with Trustee this Secortd Oeed of Trust and acsy note evidencing the Inde�btedrtess . � ,_--�=
<br /> � : ; and such receipts and evidence of expertditures made and s2cured hereby as Tn�stee may require. __ �� ��'�°�
<br /> -� (a) Upon reCeipt of sucb nouce frQm 8eneficiary,Trustee shati cause to be reco�Qed,pubtished and deliversd � �. __
<br /> • _..__;_ . ..' � to Trustor such Nouce ot Oefauit and Notice of Sate as then required by law and by this Second Oeed af Tcust. Trustes . -_ �
<br /> ,.-- - -.-._ stsait,�nrithout demand on Trustar,aRer such uma as may then be requived by law aad after racordauon of such Notice af � - . -° ���-
<br /> : . Qefautt artd after Noace af Sale having been given as required by�aw, sail tha Trust Estate at the time and place of sate ` :s--�►="
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<br /> � ffixed by it in such Noace of Sale,either as a wha►e,or in separate lots or parcels or items as Trustee shatl deem expedient, _;,.. ,
<br /> _ . , � . artd in such order as it may determine.at pub�ic auction tu the highest bidder for cash in lawfu!money of the Un;teC States � , '„�__
<br /> payable at the time of sale. Tcustee shalt dei+ver to such purchaser or purchasers thereof its good and sufficient desd or ,. :.. -
<br /> - . � deeds eonv8ying the property so sald,but wiihout any covenant or warranty,express or imptieQ. The recitais in such deed ��' � � ` _-
<br /> ' � . o!any matters or facts shali be conclusive praaf of the tnathfulness thereof. Any person, inctuding withoui limita�ion ��� .` ,-—
<br /> .• ��.
<br /> : • � ' . ... trustor, Truscee or Beneficiary, may purchase ai such sate. -. : :;;_
<br /> � . �., .
<br /> . � . . . (b) As may be permitted by Iaw,aher deducting ail costs,feas and e�cpenses of Trustee and of this Trust, . ;. � _
<br /> •,., � i�ctuding costs ot evidence of title in connectian with sate,7rustee shall apply the proceeds af sale to paymsnt of lil the --
<br /> ':' _ Indebtedness (iif a11 other sums then secured hereby,and(iii)the remainder,if any,to the person or persons Iegaily entitied : �
<br /> . . therata. ' • • .'
<br /> ^ � . . ' (ct Trustee may in the manner pravided by taw postpone sale of all or any pardon of the Trust Estate. � �` �r�.�.
<br /> , .�, � � 12. Remedles Alot ErclusTve, Trustee and Beneficiary, and each oi them,shall be enritted to entoree payment and + : �. • ' .
<br /> � pe�fonnance ot any indebtedness or ohligations secured hereby and to sxercise all rights anG powe�s unQer this Second Oeed af
<br /> ,•'.:� Trust or u�der any Lean Instrument or other agreement or any laws now or hereafter in force; notwithstanding, some ar all of the
<br /> � � suct+irtaebtedr.ess and obiigations secured hereby may now or hereafter be otherwise secured,whether by moRgage,deed of trust, •
<br /> � • �. ' O�edge,lien,ass:3nment or otherwise. Neither the acceptance of this Secand Oeed of Trust nor its erttorcement,whether by court • ,
<br /> acucn ar pursuant to the power of sate or other powers herein contained, sfiall prejudice ar in any manner affeet Trustea's or � '
<br /> Ber.efeiary's righ=to realize upon or enforce any other sec�:rity now or hereafter held by Trustes or Beneficiary,it being agreed that � �
<br /> ' Trus;ee and Beneficiary, and each of them,shaU be entitled to enforce this Second Oeed of Trust and any ather secw�ty now or
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